Guide: Are you prepared for an increase
in tenancy fraud?
Tenancy fraud checks: Get the latest info on UK trends and learn what your agency can do to protect your landlords
Tenancy fraud grew by 71% between Q4 of 2020 and Q1 of 2021 and the rise did not stop there.
Current data indicates that from the final quarter of 2001 to March 2022, we detected a 100% increase in Tenancy Fraud.
With non-paying tenants costing landlords an average of £33k, landlords need your protection in fraud checks and tenant referencing more than ever.
With the cost of living crisis and looming UK recession, it is more imperative than ever before that actions are taken to mitigate fraud.
The reality is that professional scammers have increasingly sophisticated ways of operating. For example, modern fake IDs will not only look indistinguishable from real ones, but will often produce real information when their barcodes are scanned. For this reason, agencies and landlords are strongly discouraged to rely on 'eyes only' referencing.
Our guide includes:
The current state of tenancy fraud
How the pandemic has impacted it
What fraud means for agencies
How fraudsters do fake references
A real case study example showing how one fraudster tried to scam three London letting agents.
Download our guide by filling in the form to understand how to get ahead of tenancy fraud.
Read our guide to find out:
Why
The 3 main factors contributing to the tenancy fraud increase.How
The sophisticated methods fraudsters are currently using to get past agencies.What
What your agency can to do detect tenancy fraud and protect landlords.
